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Saudi Arabia Activated Carbon Market to Record 6.78% CAGR During 2024-30

Saudi Arabia Activated Carbon Market

The Saudi Arabia Activated Carbon Market is most likely to grow at a CAGR of approximately 6.78% during the forecast period of 2024-30 states MarkNtel Advisors in their latest research report. The increasing industrial activities under Vision 2030 of Saudi Arabia, are primarily driving a strong demand for activated carbon in the country.

Moreover, the demand is also aided due to the development of international and global companies, including Hyundai, PepsiCo, etc., to appeal to investments from across the world by nurturing collaborations that bring forward-looking industrial processes. This inflow would amplify the need for efficient water and air purification across several industrial segments further pushing the demand for activated carbon. Additionally, the continued efforts and initiatives by the Saudi government to enhance the localization of defense, pharmaceuticals, and other non-oil sectors would widely propel the demand for activated carbon in Saudi Arabia.

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Probing into the Saudi Arabia Activated Carbon Market Segmentation

  • By Type (Powdered Activated Carbon, Granular Activated Carbon, Extruded & Pelletized Activated Carbon, and Impregnated Activated Carbon)
  • By Source (Coconut, Nutshell, Coal, and Others (Peat, Wood, etc.))
  • By Application (Water Treatment, Air & Gas Purification, Food & Beverage, Metal Extraction, Medical & Pharmaceutical, and Others (Solvent Recovery, etc.))
  • By End User (Water Treatment, Food & Beverage, Healthcare, Automotive, Industrial Processing, and Others (Cosmetic, Mining, etc.))
  • By Region (Riyadh, Jeddah, Damam, Mecca & Madinah, and the Rest of Saudi Arabia)

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The Saudi Arabia Activated Carbon Market is likely to be led by Powdered & Granular Activated Carbon during 2024-30, owing to numerous factors such as the rapid growth of the population, increasing awareness regarding the necessity of air & water purification, and industrialization. Moreover, the rising emphasis of the country on environmental sustainability has compelled industries such as petrochemicals, water treatment, power generation, refining, etc., to adopt activated carbon to meet strict environmental standards. Furthermore, the demand for activated carbon in the residential as well as commercial sector has intensified given the rising consciousness towards the consumption of clean air & water.

Water treatment is likely to hold a substantial share of the Saudi Arabia Activated Carbon Market. The demand for activated carbon has soared significantly given the country’s pledge to tackle water quality issues. Activated carbon is an essential element in water treatment since they are tremendously absorbent, thus cleaning the water & improving its quality. Moreover, initiatives by the government to improve the infrastructure of water & endorse resourceful usage of water increase the requirement for methods that are reliant & trustworthy, therefore encouraging the demand for activated carbon and ultimately boosting the Saudi Arabia Activated Carbon Market.

Major companies Leading the Saudi Arabia Activated Carbon Market

The major companies having a noteworthy share and leading in the Saudi Arabia Activated Carbon Market include BASF SE, Haycarb Plc, Saudi Water Treatment Company (SWTC), Jacobi Group, BMS Gharbalah Ind Co., Chemviron, CG Carbon, Western Carbon and Chemicals, Kajah Activated Carbons, Filtron Envirotech, etc. These companies are constantly working to strengthen their spot across the national market landscape.

About Us:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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